Tag Archives: trusts

Estate Planning: 4 Revocable Trust Options Anyone Can Use

There are a few estate planning misconceptions about which our California readers should be aware. One belief is that estate planning is only for wealthy people. The truth is that any homeowner could probably benefit from estate planning. Another misconception is that estate planning only takes care of events after you die. That is also …. Read More

Trust And Will Lessons From Michael Jackson

In previous posts, our Los Angeles readers learned important lessons from the wills, trusts and estate planning of celebrities. Due to their fame, many of the personal details of a celebrity death are revealed. These details provide important lessons from which the rest of us can learn. Recently, the dispute between Michael Jackson’s mother, who …. Read More

Amassing An Estate With Simple Means: One Couple’s Story

There is a common misconception that one only needs estate planning if one is a California silicon valley mogul or movie star earning millions each year. That simply is not the case, as the story of one unlikely couple will illustrate. A husband and wife, postal worker and reference librarian respectively, lived in a modest …. Read More

Ticktock, ticktock: $ 5.12 million exemption set to expire

What is a wealthy American to do? A temporary Internal Revenue Service tax exemption that was passed in 2010 is set to expire at the end of 2012. Will it be renewed? Will it truly expire? Only Congress knows for sure, and even they don’t know. Those who wish to pass along $ 5.12 million …. Read More